Reforming Retail – Direct POS Distribution Is Increasingly Untenable: Why Vend Took The Partnership Channel

Direct POS Distribution Is Increasingly Untenable: Why Vend Took The Partnership Channel     It’s no secret that POS companies – especially of the cloud variety – have been investing relatively obscene amounts of money in marketing directly to merchants. Without argument this is the most expensive distribution model available, so one needs to have…

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Reforming Retail-How Did PayPal Score Record Margins While Their Customers Went Bankrupt?

Payments processing has gotten extremely popular in investment communities because, well, what’s not to love? Zero COGS Guaranteed demand: merchants must take cards from someone First claim to money: paid immediately on every swipe, even if customer goes bankrupt Infinite upside: customers have no idea how pricing works so you can invent whatever fees necessary…

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THE NOT-SO-FRIENDLY WORLD OF FRIENDLY FRAUD

By Jacob Bennett, ETA CPP It’s important to understand the significance of friendly fraud, the damage it can cause, and how merchants can avoid it. Friendly fraud. The name is misleading as there’s really nothing “friendly” about it. Friendly fraud is a type of chargeback in which a customer orders goods or services using a…

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